N. Navaneetha Krishnan v. the India Cements Ltd.
Case brief
What is this about?
The High Court of Kerala allowed a criminal revision petition regarding a cheque dishonour case under Section 138 NI Act. Following the settlement between parties and waiver of legal services fee, the Court granted permission to compound the offence under Section 147, leading to acquittal and discharge of bail bonds.
What did the court decide?
Permission to compound the offence under Section 147 of the Negotiable Instruments Act granted; conviction and sentence set aside; revision petitioner acquitted; bail bond discharged.